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we know that for afghanistan. as we begin to draw down, what thauz that mean for their path to peace and stability and progress? american businesses will tell you if we want them to invest there, they won't do it without the presence of american security, that's very important for our government to know. >> are american businesses really willing to invest in afghanistan? >> they are. one of the most recent projects is with kate spade. kate spade has gone into afghanistan in the last year. they surveyed what tn opportunities are there for marketable products and going te marketableable products, and afghanistan has the third largest producer of cashmere, and they want a product made by afghan women and sold in kate spade stores here and online and they are willing to invest a lot of money i might add, but they have the support of the u.s. government and the u.s. military to give them access. >> anita mcbride, what a pleasure to see you again. >> thank you so much. >>> what political stories will be making headlines
we know that for afghanistan. as we begin to draw down, what thauz that mean for their path to peace and stability and progress? american businesses will tell you if we want them to invest there, they won't do it without the presence of american security, that's very important for our government to know. >> are american businesses really willing to invest in afghanistan? >> they are. one of the most recent projects is with kate spade. kate spade has gone into afghanistan in the last...
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same, but it would also count a trillion dollars in savings from winding down the wars in iraq and be afghanistan. that would raise the debt ceiling enough to get us through 2012, though boehner's would only take us through the end of the year. last night the president and speaker both aimed to put publish pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. >> reporter: enough people did, presumably supporters as well as opponents, that the speaker's web site crashed along with those of a couple of other republicans and at least one democrat. republicans say the president wants a long-term debt ceiling hike to keep it out of his re-election bid. democrats say the bond rating agencies want a long-term hike. a short-term one, they say, would risk a downgrade of this country's credit rating, and that would hike credit interest rates on everyone. jon: the o
same, but it would also count a trillion dollars in savings from winding down the wars in iraq and be afghanistan. that would raise the debt ceiling enough to get us through 2012, though boehner's would only take us through the end of the year. last night the president and speaker both aimed to put publish pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you...
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it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute -- they can count on billions of dollars over the next decade the cbo count $1.67 trillion. we know the republicans agree theythis mstath because included the same settings in the ryan budget that passed the house. they never criticized that accounting and it is hard to see how they could do so now. lastly, senator reid's proposal allows for a joint committee that has the potential to achieve deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in center repots proposal have been supported at one point or another by re
it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute --...
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the reid plan says we won't be in iraq and afghanistan. that's $1 trillion. we'll have a commission. that will save us $$1 billion. those aren't real. >>> the problem you have is ideological purity. when you sit here and look at the congressional budget office, made it clear that if the bush tax cuts were not extended, all of them, deficit goes down. if you extend all of them, $3.3 trillion increase over ten years. that's fact will we won't sit here and debate a fact. it is a fact. and so on democratic side, it is crazy to sit here and say we have no issue with medicare, medicaid. no issue with social security. you have rising costs. at some point you cannot have people on the democratic side and the republican side say absolutely not. i'm not giving up anything. you have to be able to give up something. >> the republicans were willing, at least until recently. you heard john boehner, the speaker of the house saying he was willing for $800 billion in tax revenue. increases in taxes in effect. that's not ideological purity. >> right. could he sell that to his
the reid plan says we won't be in iraq and afghanistan. that's $1 trillion. we'll have a commission. that will save us $$1 billion. those aren't real. >>> the problem you have is ideological purity. when you sit here and look at the congressional budget office, made it clear that if the bush tax cuts were not extended, all of them, deficit goes down. if you extend all of them, $3.3 trillion increase over ten years. that's fact will we won't sit here and debate a fact. it is a fact. and...
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and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can prosecute the war is on about $630 billion over the next decade. the cbo assumes $1.67 trillion on more funding through 2021. by adopting the lower administration number, we can save over $1 trillion. we know the republicans agree with this math, because they included the exact same savings in the paul ryan budget that passed the house. they never criticized such accounting then. it is hard to see how they could do so now. last, senator reid's proposal allows for a joint committee that has the potential to achieve even deeper savings down the road. all in all, this is
and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can...
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there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the right thing in the end, but it's not clear yet. we're pea a week away. -- we're a week away. so i don't think we should make these people think about whether it's going to happen and if there's going to be delay in a paycheck. so i hope that we'll be automobile to bring this bill up. i can guarantee, if the majority leader will bring up my bill, it will pass. it has 80 cosponsors. the new bill is the same thing except that it just makes the debt payment the priority, which you would hope would not have to be done, but, nevertheless, let's assure that our debtors know that we're going to pay the int
there are 145,000 troops deployed in iraq and afghanistan who are working long hours every day in the desert heat to protect our freedom. to make sure that we are doing everything we can to root out the terrorists that have attacked america. these men and women all raise their right hand and volunteered to go to defend this nation. the very least that we can do while we are in this kind of budget negotiation, which is making a lot of people nervous -- i have faith that we're going to do the...
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presence overseas in afghanistan and iraq which the republicans did in their own budget presentation here in the house. >> it is as confusing as you say, and we are still waiting to see how this matter will be resolved. congressman chris van hollen, thank you for joining us. >> good the o be with you. >>> and if anyone can make sense of the situation, it is our team in washington. stay tuned. ♪ operator can you help me ♪ help me if you please jeff, lunch! uh-huh. jeff! honey, i can't walk any faster. [ female announcer ] oscar mayer deli fresh turkey comes in a clear pack... [ cellphone beeps ] [ jeff ] ooh. thanks hun! [ female announcer ] ...so the freshness you see is what you taste. ♪ it doesn't get better than this ♪ helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. just don't feel like they used to. are you one of them? remember when you had more energy for 18 holes with your buddies. more passion for the one ya
presence overseas in afghanistan and iraq which the republicans did in their own budget presentation here in the house. >> it is as confusing as you say, and we are still waiting to see how this matter will be resolved. congressman chris van hollen, thank you for joining us. >> good the o be with you. >>> and if anyone can make sense of the situation, it is our team in washington. stay tuned. ♪ operator can you help me ♪ help me if you please jeff, lunch! uh-huh. jeff!...
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the wa
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion...
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whether it is the war in iraq, afghanistan, gas prices. oil in the gulf gulf, oil crisis, food crisis and now we have the disturbance across europe on the financial stability of some countries. so now it's our turn and we're up for that same financial scrutiny. i think they're trying to tie two things into one bag when they should be addressing one at a time. the issue at hand is addressing the debt ceiling which allows us to get our house in order. it should not be entrapment where either party is using the, off the backs of the workers, leverage to drive their personal interests, trying to drive a national crisis by linking the two issues together. they are distinctly separate. go ahead and raise the debt ceiling and then get the work with the same initiative and energy they're applying to this effort, to resolving the cap, the capping and then the reduction that is necessary to get to the, to the end that they both agree to. but to do it off the back of the fear of people with regards to entitlements or savings, or going to work tomorro
whether it is the war in iraq, afghanistan, gas prices. oil in the gulf gulf, oil crisis, food crisis and now we have the disturbance across europe on the financial stability of some countries. so now it's our turn and we're up for that same financial scrutiny. i think they're trying to tie two things into one bag when they should be addressing one at a time. the issue at hand is addressing the debt ceiling which allows us to get our house in order. it should not be entrapment where either...
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in afghanistan, it's even more so. so what we have here is a series of trucking contracts that have been subcontracted out to even smaller firms. those firms might even look for even smaller entities. trucking here in afghanistan is dangerous. what they will do or at least according to this report -- sure. sure. what has happened is subcontractors have provided funds to security and some of these tribal groups in which they have direct links to taliban insurgents. so effectively what we're seeing here, at least according to this report, is u.s. taxpayer dollars at least in part have lined the pockets of the taliban. >> who does the report blame for this? >> reporter: well, as is everything with afghanistan, it's difficult to assign blame. clearly, there is some transparency issues in terms of where this money went. the companies, officials are pointing to in terms of their conduct, the overseers are being questioned in terms of their responsibility. officials we have spoken to said they radically revamped their program
in afghanistan, it's even more so. so what we have here is a series of trucking contracts that have been subcontracted out to even smaller firms. those firms might even look for even smaller entities. trucking here in afghanistan is dangerous. what they will do or at least according to this report -- sure. sure. what has happened is subcontractors have provided funds to security and some of these tribal groups in which they have direct links to taliban insurgents. so effectively what we're...
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where afghanistan will be secured by its own people again. its sovereignty will be defended by them and we will defend its integrity. >> sreenivasan: the transition in afghanistan takes place as the pentagon navigates budget cuts. in washington, the nominee for head of the joint chiefs of staff discussed what he called a "new fiscal reality," and warned against tightening the purse strings by too much. president obama has called for $400 billion in military spending cuts over 12 years. during an exchange with republican senator john mccain, army general martin dempsey said proposals to cut more than that would be dangerous. >> what would an $800 to a trillion dollar cut in defense spending over the next ten years do to our readiness, general? >> based on the difficulty of achieving the $400 billion cut, i believe $800 would be extraordinarily difficult and very high risk. >> sreenivasan: dempsey added the pentagon is currently reviewing how to make the cuts the obama administration has requested, and will present those options to the presiden
where afghanistan will be secured by its own people again. its sovereignty will be defended by them and we will defend its integrity. >> sreenivasan: the transition in afghanistan takes place as the pentagon navigates budget cuts. in washington, the nominee for head of the joint chiefs of staff discussed what he called a "new fiscal reality," and warned against tightening the purse strings by too much. president obama has called for $400 billion in military spending cuts over 12...
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it includes savings from winding down the war in iraq and afghanistan. real savings scored at about $1 trillion at the cbo. we know that some republicans will quibble over these savings, but they have no leg to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting these wards adds to the debt, it is undeniable that there will be savings. the administration tells us that with a wind down in place in iraq and afghanistan, they can prosecute the war is over the next decade. the cbo assumes $1.67 trillion through 2021 by adopting the lower number in the administration. we know that the republicans agreed with at this math, because they included the exact same savings in the rye and budget that passed the house. they never criticize the accounting than. it is hard to see how they could do so now. lastly, senator reid in his proposal allows for deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in the senator's proposal have been supported, at one p
it includes savings from winding down the war in iraq and afghanistan. real savings scored at about $1 trillion at the cbo. we know that some republicans will quibble over these savings, but they have no leg to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting these wards adds to the debt, it is undeniable that there will be savings. the administration tells us that with a wind down in place in iraq and afghanistan, they can prosecute...
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plan because they're supposedly cuts in there but those cuts all go back to withdrawing our troops in afghanistan and iraq and that's a given anyway so those aren't substantial that's not good enough because we've already taken that into account so that harry reid's plan is a smoke and mirrors plan i want to talk about something that we're not really hearing in the mainstream discussion here on but it does come out of obama's speech from last night this was one of his final appeals the entire world is watching so let's sees this moment to show why the united states of america is still the greatest nation on earth. well just because we can still keep our word and meet our obligations but because we can still come together as one nation i think the president here really appealing to those who you know feel a sense of patriotism for this country the greatest nation on earth a lot of people like to believe that i think it's important to talk about a couple of things though when you talk about social mobility the united states ranks tenth when you talk about infant mortality united states ranks thirty
plan because they're supposedly cuts in there but those cuts all go back to withdrawing our troops in afghanistan and iraq and that's a given anyway so those aren't substantial that's not good enough because we've already taken that into account so that harry reid's plan is a smoke and mirrors plan i want to talk about something that we're not really hearing in the mainstream discussion here on but it does come out of obama's speech from last night this was one of his final appeals the entire...
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the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't agree with all aspects of this proposed solution. but we're not going to have 100 solutions on this floor. we're going to have one that we can vote on. i wish this would have included new revenue, especially by ending such costly and outdated tax benefits as those still enjoyed by the biggest oil companies to help us pay off our debt even more quickly. i'd like to help pay for the debt incurred by the inexcusable earlier decisions to enter two wars without paying for them. and i continue to believe the surcharge for the wealthiest would mean that they would pay more of their fair share after so ma
the american people would begin to recognize these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't...
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they take -- they say we're going to wind down in iraq and afghanistan and save a trillion dollars without having a war for ten more years. who thought we'd be there for ten more years so republicans say that's a gimmick. the reid plan will have a hard time passing and will not pass the house so you've got the two plans out there are ultimately horses you can't ride to the finish line and the issue becomes, what comes after them and can you get it done before monday or tuesday of next week? i think we're heading towards a two or three-week extension of this fight. i think the president will accept some sort of extension for two or three weeks to allow this fight to play out. >> when we come back we'll talk to our panel and get james carville's take and eric erikkson's take on those two plans. let us know what you think. i'll be tweeting and on facebook. >>> ahead, norway terror suspect. what we learned and his new claims he didn't act alone and and the chilling 1500-page anti-muslim manifesto. >>> and the dominique strauss-kahn case. the maid at the center of the assault. breaks her silenc
they take -- they say we're going to wind down in iraq and afghanistan and save a trillion dollars without having a war for ten more years. who thought we'd be there for ten more years so republicans say that's a gimmick. the reid plan will have a hard time passing and will not pass the house so you've got the two plans out there are ultimately horses you can't ride to the finish line and the issue becomes, what comes after them and can you get it done before monday or tuesday of next week? i...
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they take -- they say we're going to wind down in iraq and afghanistan and save a trillion dollars without having a war for ten more years. who thought we'd be there for ten more years so republicans say that's a gimmick. the reid plan will have a hard time passing and will not pass the house so you've got the two plans out there are ultimately horses you can't ride to the finish line and the issue becomes, what comes after them and can you get it done before monday or tuesday of next week? i think we're heading towards a two or three-week extension of this fight. i think the president will accept some sort of extension for two or three weeks to allow this fight to play out. >> when we come back we'll talk to our panel and get james carville's take and eric erikkson's take on those two plans. let us know what you think. i'll be tweeting and on facebook. >>> ahead, norway terror suspect. what we learned and his new claims he didn't act alone and and the chilling 1500-page anti-muslim manifesto. >>> and the dominique strauss-kahn case. the maid at the center of the assault. breaks her silenc
they take -- they say we're going to wind down in iraq and afghanistan and save a trillion dollars without having a war for ten more years. who thought we'd be there for ten more years so republicans say that's a gimmick. the reid plan will have a hard time passing and will not pass the house so you've got the two plans out there are ultimately horses you can't ride to the finish line and the issue becomes, what comes after them and can you get it done before monday or tuesday of next week? i...
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the unusual way they tied the knot even though she is in california and he is in afghanistan. ,,,, ,,,,,,,, [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. family is not disclosing when or where. >>> the funeral for amy winehouse is today. but her family is not disclosing when or where it will be. winehouse's parents thanked mourners for their support outside their home where the 27- year-old singer died saturday. an autopsy yesterday failed to determine the cause of death. results of toxicology tests are expected to take at least two weeks. if you procrastinated, you have more time to get your kids vaccinated for the upcoming school years. students have 30 days after the school year begins to get whooping cough vaccinations under a bill just signed by the governor. the measure affects students in grades
the unusual way they tied the knot even though she is in california and he is in afghanistan. ,,,, ,,,,,,,, [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. family is not disclosing when or where. >>> the...
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a big piece of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the government through next year's election. the boehner plan is considered more short term. it would raise the debt ceiling in two different steps. the first step would happen immediately raising the ceiling by a trillion dollars and spending cuts of 1.2 trillion over ten years. and get us to next year, right some we need a second vote to raise the debt ceiling again by another $1.6 trillion. that second increase would be contingent on more cuts. another $1.8 trillion in spending cuts and have to be agreed to by a bipartisan committee. >> so far, the debt stalemate has been a drag on the stock markets
a big piece of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the...
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guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt ceiling more than the spending cuts. that just takes us down the same road we have been on, spend more money that you take in, run the printing presses, and keep spending money. host: there are a number conservatives from the house republican study committee that says the speaker does not have my vote. i will not vote for this latest proposal. you so that you're leaning toward yes. what is your bayh's to these younger members, these freshmen members? guest: we're going to sit down as a conference and talk about this. i am one of the founders of the republican study committee. recall t
guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt...
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in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt ceiling then come back and fight it out again in six months. that is not the consistency and the evenness that is necessary for all of those who are seeking employment or all of those businesses or all of those in the arena of money making. they need an even pathway. and so while we get on with the ordinary business, get on with the ordinary business so that we can begin to talk about the growth of this country, education for the young people, making sure the doors of businesses stay open, talk about how do we fix a tax system where we all can benefit. but as long as we ar
in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt...
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he's a marine serving proudly in afghanistan. the homeowner's association where they live filed the suit, claiming the sign violates their rules, but the homeowner, jody burr, joined us to say that the suit makes zero sense. >> ou it signs states no sign oy property in view of the public. we have a couple other signs on our lot that are in view of the public. by definition they're in fractions, but they'r they've ne into question. >> she has no plans to take the banner down. >>> two things you should be absolutely sure of, one thing thaisthat the body you stick ine morgue should be absolutely dead. a man woke up screaming when he realized he was trapped in the morgue. when morgue workers heard him, they thought it was a ghost and ran away. they eventually returned to help. the man's family thought he died from an asthma attack 21 hours earlier. he's fine now. here's what some of you had to say. you need to interview the hero from the morgue. anyone who would not answer a knock on the door of a knocker in the morgue is a hero in m
he's a marine serving proudly in afghanistan. the homeowner's association where they live filed the suit, claiming the sign violates their rules, but the homeowner, jody burr, joined us to say that the suit makes zero sense. >> ou it signs states no sign oy property in view of the public. we have a couple other signs on our lot that are in view of the public. by definition they're in fractions, but they'r they've ne into question. >> she has no plans to take the banner down....
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Jul 26, 2011
07/11
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cut $2.7 trillion over ten years and the expected savings from the drawdown from the wars in iraq and afghanistan is how they are calculating what they can save and the republicans are not happy about that and that is where the divide is. the real fight right now is trying to see where the winds are blowing with what is called the boehner plan. we don't know exactly when that vote will be taken, because there is a lot of head counting going on and maybe some arm twisting, too, to figure out if they can get it through. should it not pass, we are into another whole scenario of what to do next. >> kelly o'donnell on capitol hill. thanks. we want to bring in kristen welker at the white house. kristen, jay carney, the white house press secretary says that he does not believe that the default will happen. as we hear from the two sides both agreeing that the debt limit needs to be raised, it is inevitab inevitable. >> it is the one thing that all sides can agree on here, and you are right, the press secretary jay carney says he has complete faith that the debt ceiling will be raised by next week, but th
cut $2.7 trillion over ten years and the expected savings from the drawdown from the wars in iraq and afghanistan is how they are calculating what they can save and the republicans are not happy about that and that is where the divide is. the real fight right now is trying to see where the winds are blowing with what is called the boehner plan. we don't know exactly when that vote will be taken, because there is a lot of head counting going on and maybe some arm twisting, too, to figure out if...
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Jul 26, 2011
07/11
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CSPAN2
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was encountering all of the money that we are going to save by not continuing operations and iraq and afghanistan for the next ten years at their current level. that that was also in the rhine and budget. as it turns out, the rise in budget receives $2.2 trillion in savings without using that accounting gimmick triet compared to the president's 2011 number, the ryan budget saves $6.2 trillion without using that accounting gimmick. with the ryan budget does -- if you look through the various charts and pages of it -- it also has various comparisons, including pretty much the obligatory comparison to what is called the current law budget that cbo scores, and in that he compared because that's what cbo does the oco cost for the overseas contingency operation cost, but he did not utilize that in order to achieve the savings in his budget. so i had made the same mistakes others had in assuming what we were told was correct. paul ryan made it clear no, that wasn't correct. when we criticized the bill that the majority leader has brought up for use in over a trillion dollars in savings from that oco acc
was encountering all of the money that we are going to save by not continuing operations and iraq and afghanistan for the next ten years at their current level. that that was also in the rhine and budget. as it turns out, the rise in budget receives $2.2 trillion in savings without using that accounting gimmick triet compared to the president's 2011 number, the ryan budget saves $6.2 trillion without using that accounting gimmick. with the ryan budget does -- if you look through the various...